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Construction : Exclusive Report | November 2013 | Source : Construction Update

Vasan dedicates two terminals at Kandla Port

The Union Minister of Shipping GK Vasan has dedicated two terminals of the Kandla Port to the nation. Speaking on the occasion at a function in Bangalore recently he said that this port since its inception and especially in the last decade has grown from strength to strength fuelling growth of Kutch, Gujarat and India. Through these two terminals -Multi Purpose Cargo berth No 15 and IFFCO barge jetty, a capacity four MMTPA gets added with an investment of Rs 216 crore. Six concession agreements were also signed to add a capacity of 13.39 mmtpa to the Kandla Port, with an investment of Rs 471 crore on this occasion. The Minister said the Central Government has adopted a conscious policy of inviting private investment through PPP mode to meet the increasing demand of maritime infrastructure of the country.
 
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